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Business

Disney defends Iger, says activist Peltz has ‘no track record’ in

Nelson Peltz David A. Grogan | CNBC Disney pushed back on Nelson Peltz’s bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Trian Fund Management, takes shape. Disney said in a securities filing Tuesday that its board was where it needed to be to move […]

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Entertainment

Bob Iger Needs to Fix Another Big Star Wars Problem Besides

Disney CEO Bob Iger has another Star Wars problem that doesn’t involve movies. Ten years ago, Disney CEO Bob Iger negotiated the groundbreaking acquisition that brought Lucasfilm under the Disney umbrella.  In the years that followed, not only did Iger oversee the release of five Star Wars theatrical films and The Mandalorian‘s first season on […]

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Business

Disney CEO Bob Iger addresses ‘Don’t Say Gay’ fallout, importance

Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past handling of LGBTQ issues, Disney CEO Bob Iger on Monday told employees that inclusion and acceptance are among the “core values” of […]

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Technology

Disney CEO Iger Shuts Down Apple Merger Rumors, Sticks By Hiring

Topline In his first town hall meeting since retaking power, Disney CEO Bob Iger took the first steps toward recrafting the media giant to his vision, vowing to focus on improving the company’s bottom line and addressing several perceived missteps from his predecessor Bob Chapek. Bob Iger’s back at Disney. Getty Images for YES 20th […]

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Business

Disney hiring freeze will stay in place, CEO Bob Iger tells

Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Getty Images Disney Chief Executive Officer Bob Iger said Monday during his first town hall since returning to the company […]

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Business

Disney CEO Bob Iger to hold town hall with employees on Monday

Drew Angerer | Getty Images News | Getty Images Disney Chief Executive Bob Iger will speak to employees at 9 a.m. PT Monday in a town hall, marking his return to the company. Iger said in a memo to employees he will discuss the future of Disney and answer questions about what’s ahead. He’ll speak […]

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Business

Disney is counting on Bob Iger to make hard decisions about its streaming and TV assets – or find someone who will

Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images For nearly three years, Bob Chapek had a plan at Disney: Bob Iger’s plan. “We are […]

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Business

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring […]

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Business

Disney board reached out to Iger on Friday following concerns over earnings

Disney’s board reached out to Bob Iger on Friday, without any other serious candidates in mind to replace Bob Chapek as CEO, CNBC’s David Faber reported Monday, citing sources. The board’s outreach to Iger and discussion to replace Chapek came after surging concerns crested following Disney’s most recent quarterly earnings report, according to Faber’s sources. […]

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Business

Disney board’s decision to replace Bob Chapek with Bob Iger makes everyone look bad

Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as CEO may be the right one for the company’s future. But the process to get to this choice makes everyone involved look less than stellar. No sudden CEO change is easy, but the specifics that led […]